The stock of Coeur Mining Inc (CDE) has gone down by -11.64% for the week, with a -7.05% drop in the past month and a 15.66% rise in the past quarter. The volatility ratio for the week is 5.87%, and the volatility levels for the past 30 days are 5.05% for CDE. The simple moving average for the last 20 days is -13.49% for CDE’s stock, with a simple moving average of 39.23% for the last 200 days.
Is It Worth Investing in Coeur Mining Inc (NYSE: CDE) Right Now?
CDE has 36-month beta value of 1.65. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for CDE is 393.13M, and currently, short sellers hold a 4.78% ratio of that float. The average trading volume of CDE on August 02, 2024 was 6.67M shares.
CDE) stock’s latest price update
The stock price of Coeur Mining Inc (NYSE: CDE) has dropped by -7.67 compared to previous close of 6.00. Despite this, the company has seen a fall of -11.64% in its stock price over the last five trading days. zacks.com reported 2024-07-31 that Coeur Mining (CDE) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of CDE
ROTH MKM, on the other hand, stated in their research note that they expect to see CDE reach a price target of $5.40. The rating they have provided for CDE stocks is “Buy” according to the report published on April 09th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to CDE, setting the target price at $2.75 in the report published on November 03rd of the previous year.
CDE Trading at -6.47% from the 50-Day Moving Average
After a stumble in the market that brought CDE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.77% of loss for the given period.
Volatility was left at 5.05%, however, over the last 30 days, the volatility rate increased by 5.87%, as shares sank -11.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.01% lower at present.
During the last 5 trading sessions, CDE fell by -10.77%, which changed the moving average for the period of 200-days by +122.02% in comparison to the 20-day moving average, which settled at $6.37. In addition, Coeur Mining Inc saw 69.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDE starting from Edwards Sebastian, who sale 20,000 shares at the price of $5.08 back on May 07 ’24. After this action, Edwards Sebastian now owns 103,100 shares of Coeur Mining Inc, valued at $101,600 using the latest closing price.
Watkinson Kenneth J, the VP, Corporate Controller & CAO of Coeur Mining Inc, sale 44,000 shares at $4.86 during a trade that took place back on May 03 ’24, which means that Watkinson Kenneth J is holding 140,719 shares at $213,620 based on the most recent closing price.
Stock Fundamentals for CDE
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.14 for the gross margin
The net margin for Coeur Mining Inc stands at -0.13. The total capital return value is set at -0.03. Equity return is now at value -11.01, with -5.39 for asset returns.
Based on Coeur Mining Inc (CDE), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -1.86.
Currently, EBITDA for the company is 63.71 million with net debt to EBITDA at 5.52. When we switch over and look at the enterprise to sales, we see a ratio of 3.21. The receivables turnover for the company is 23.21for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
To put it simply, Coeur Mining Inc (CDE) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
